Fair Value Gaps for NinjaTrader 8

Fair Value Gaps NinjaTrader 8- Screenshot

$ 59

Free trial available

Automatically detect high-probability Fair Value Gaps (FVG) in NinjaTrader 8, filter out the noise, and optimize your strategy with powerful customization options.

The Fair Value Gaps (FVG) Indicator for NinjaTrader 8 is a game-changer for traders who are looking to enhance their technical analysis and pinpoint trading opportunities. This powerful tool automatically identifies fair value gaps directly on your charts, highlighting key areas where market inefficiencies occur. A fair value gap (FVG) is detected when, in a series of three candles, the first and third candles do not overlap – an indication that price action moved too quickly, potentially leaving untested levels.

Key Benefits

Boost Trading Precision: Easily spot fair value gaps, allowing you to anticipate price retracements, reversals, support & resistance more accurately.
Save Time: The automatic detection of gaps removes the manual effort, freeing up your time to focus on strategy.
Customizable Filters: Use gap filters to isolate only the most significant gaps, so you can focus on actionable data rather than noise.
Flexible Strategy Adaptation: By offering gap detection across multiple timeframes, the indicator supports various trading styles, whether you’re scalping, day trading, or swing trading.

Powerful Features

Visual FVG Detection: Clearly displays fair value gaps on your chart, along with optional midpoint lines and price labels for gap high, low, and midpoint levels.
Advanced Gap Filters: Fine-tune the indicator with two powerful filters:
1. Gap Candle Body Percentage: Define what constitutes a valid gap by setting a minimum percentage threshold for the body of the middle candle (e.g., at least 70% of the full range of the middle (gap) candle).
2. Standard Deviation Filter: Filter gaps based on the standard deviation of the middle candle compared to its historical range, allowing you to target significant market movements.
Multi-Timeframe Analysis: Analyze gaps using different data series (1, 5, 15, or 30-minute intervals) even if your current chart uses another timeframe.

Note: The Gap filters can be disabled by setting the Candle Body Percentage to 1% and the Standard Deviation Multiplier to 0.

Avoid

Missed Opportunities: Manually identifying fair value gaps can be time-consuming and prone to errors. This indicator automates the process, ensuring you never miss a potential trade setup.
Information Overload: The customizable filters help you focus on the most significant gaps, eliminating noise and letting you trade with clarity and confidence.

Try the Fair Value Gaps Indicator today with a free, fully functional 2-week trial and elevate your trading strategy. Don’t miss out on potential trade setups—let the FVG indicator guide you to better, data-driven decisions.

To activate your license after your purchase, make sure to include your Machine ID in the Order Notes during Checkout. You can also send your Machine ID to by using our Contact Form

From the NinjaTrader Control Center window select the menu Help > 3rd Party Licensing...
Enter "ChartSpots" as the Vendor name.
Enter your first name or initials in the User Defined ID field
Press the "Submit" button to view your Machine ID number
Copy and Paste your Machine ID in the e-mail or contact form

From the NinjaTrader Control Center window select the menu Tools > Import > NinjaScript... to open the "Import" Dialog window
Select the Chart Spots Indicator ZIP File
Press the "Import" button
On your chart, open the Indicator dialog window, in the folder Chart Spots, find and add your new indicator to your chart

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